REITs Stocks Technical Study -- Research on General Growth Properties, CBL and Associates Properties, Kite Realty Group Trust, and Crown Castle Intl. Editor Note: For more information about this release, please scroll to bottom
LONDON, July 2, 2014 /PRNewswire/ --
On Tuesday, July 01, 2014, the NASDAQ Composite ended at 4,458.65, up 1.14%, the Dow Jones Industrial Average finished the session at 16,956.07, up 0.77% and the S&P 500 closed at 1,973.32, up 0.67%. During the trading session, nine out of ten sectors finished on a higher note. The S&P 500 Financials Sector Index ended the day at 308.35, up 0.57%, and the index has gained 2.03% in the previous three months. Investor-Edge has initiated coverage on the following equities: General Growth Properties Inc. (NYSE: GGP), CBL & Associates Properties Inc. (NYSE: CBL), Kite Realty Group Trust (NYSE: KRG) and Crown Castle International Corp. (NYSE: CCI). Free technical research on GGP, CBL, KRG and CCI can be downloaded upon signing up at:
On Tuesday, shares in General Growth Properties Inc. edged 0.25% higher, closing the session at $23.62. A total of 3.22 million shares were traded, which was near its three months average volume of 3.62 million shares. The stock moved between $23.44 and $23.67 during the session. General Growth Properties Inc.'s stock has advanced 0.85% in the previous three trading sessions and 17.69% from the beginning of 2014. However, the company's shares have declined 0.88% in the last one month. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $23.47 is above its 200-day moving average of $21.56. Further, General Growth Properties Inc.'s stock traded at a PE ratio of 56.24 and has a Relative Strength Index (RSI) of 48.92. Sign up today to read free research on GGP at:
Shares in CBL & Associates Properties Inc. advanced 1.42% on Tuesday, closing the day at $19.27. The stock recorded a trading volume of 1.37 million shares, close to its three months average volume of 1.47 million shares. The company's stock oscillated between $18.86 and $19.29 during the session. The company's shares traded at a PE ratio of 25.58. Shares in CBL & Associates Properties Inc. have gained 2.55% in the previous three trading sessions and 2.39% in the last one month. Additionally, the company's shares are up 7.29% since the start of this year. CBL & Associates Properties Inc.'s shares are trading above their 50-day and 200-day moving averages of $18.61 and $18.31, respectively. Furthermore, the company's stock has an RSI of 56.25. Sign up today to read free research on CBL at:
Kite Realty Group Trust's stock recorded a trading volume of 4.45 million shares, much above its three months average volume of 0.91 million shares. On Tuesday, the stock finished the day at $6.25, which was 1.79% higher its previous day's closing of $6.14, and registered an intraday range of $6.08 and $6.28. Shares in Kite Realty Group Trust have advanced 2.97% in the previous three trading sessions and 0.64% in the last one month, while the stock has fallen by 4.87% on YTD basis. Shares in Kite Realty Group Trust are trading above their 50-day and 200-day moving averages of $6.16 and $6.22, respectively. Moreover, the company's stock has an RSI of 51.59. Sign up today to read free research on KRG at:
On Tuesday, shares in Crown Castle International Corp. fluctuated between $74.12 and $74.86 before ending the session 0.55% higher at $74.67. The company's stock reported a trading volume of 1.82 million shares, which was near its three months average volume of 1.98 million shares. Shares of the company traded at a PE ratio of 125.99. Over the previous three trading sessions and on YTD basis, Crown Castle International Corp.'s stock has gained 0.48% and 1.69%, respectively. However, the company's stock has lost 2.68% in the last one month. Crown Castle International Corp.'s stock is trading below its 50-day moving average. The stock's 50-day moving average of $75.22 is above its 200-day moving average of $73.94. Additionally, the company's shares have an RSI of 43.47. Sign up today to read free research on CCI at:
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